Finmax Review 2025
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Updated:
Reason to avoid: No License
Listed Date: June 25, 2020
Top 3 Forex Brokers
Beware FINMAX is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No License
Listed Date: June 25, 2020
Beware FINMAX is a Non-Regulated broker. It is NOT SAFE to trade.
FINMAX is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, and simply may operate the business in any way it wishes.
🗺️ Registered in | Bulgaria |
🗺️ Type of License | No License |
🛡️ Is Finmax safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
FINMAX is a CFDs and binary broker (See the list regulated binary brokers). Its trading platform provides an opportunity to use in trading more than 1000 underlying assets, the list of which is constantly expanding. FINMAX offers assets from groups of financial instruments such as Forex currency pairs, stocks, indices, and commodities. The broker claims to have an amazing team of financial market professionals, however, with all the benefits mentioned on the website, we still have a lot of questions about the company’s reliability.
FINMAX allows Indian traders to open accounts and trade. However, FINMAX has no mention of complying with any Indian regulators on its website. Here you can find the Best Forex Trading Platform in India for you. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here.
The United States is one of the countries that is not accepted by FINMAX. As per U.S law, brokers regulated by CFTC are the only brokers allowed for USA traders. So, except for FINMAX, you are only permitted to trade with U.S-regulated platforms.
The minimum deposit is 250$. The payment options include: credit/debit cards, bank transfer, Yandex money, Qiwi wallet, Webmoney, and Perfect money.
FINMAX offers a modern trading platform for your mobile device, we support the following – iOS, Windows Mobile, and Android.
This platform is identical to the terminals that are available for desktop PCs and laptops. However, it is fully adapted to mobile devices which allows you to trade with comfort from any location, wherever you are if your device is connected to the Internet.
The broker does not offer a demo account.
Read about FBS Broker which offers a Demo account.
Based on our research, even though the trading offering might seem attractive, there are many questions in regard to the trust of the FINMAX company services and the manner they do operate the online trading itself. Of course, an offshore status of the company does not guarantee the provision of services at the necessary level of client and funds protection. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Pepperstone and TMGM.
Based on our findings and research Finmax website is unavailable to reach, so probably Broker no longer operates. Besides, we recommend avoiding Binary Options and offshore brokers.
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Carefull with Finmax – Money stolen – not serious and criminal !
ATTENTION at FINMAX – Avoid Finmax!
My experiences are consistently negative – I won’t mention any names here and I will report on my personal experiences
to inform or warn other customers.
First to Finmax itself: The head office seems to be in London and there are hardly any German-speaking employees. The broker
is registered in Vanuatu and only has Russian regulation.
As with other dubious brokers, everything seems to be going perfectly at first. Only annoying callers push for ever higher stakes
And be careful with multiple simultaneous deals: If a value falls below a certain level and your balance falls below a certain percentage
the trade is automatically terminated. However, this will reduce their credit, and further deals will be concluded in a chain reaction
and suddenly your money is gone in a short time.
You should observe everything daily and be really careful – and that takes more time than you first think.
Payouts should supposedly not always work and take a very long time and also the tempting bonus that you get with corresponding
Deposits gets canceled again.
I was once not given a promised bonus at all and these personal advisors like Anthony Kroiss are replaced again and again
suddenly no longer available. For me, at least 3 such employees suddenly stopped within a few months! And I have
these boars well-financed – but let’s stick to the facts and do not suspect anything dubious.
After several payments to dubious partners in various countries such as Hungary (Renatis Itgroup KFT), Romania (Methodology Information Training SRL) or Lithuania (Know&DevelopLiveSRL), my last payment is by bank transfer
suddenly not arrived and never posted to my account – the money just disappeared! Even the bank Epayblock (Vilnius – Lithuana)do not cooperate.
These partners cannot be reached either by phone or email and Finmax does not want to be to blame and does not provide any information.
Of course, my bank tried everything possible, but a cancellation or recall of the money was refused without good reason!
There is only the way to the lawyer, the police … – I think there are better ways to destroy your money.
Finally, the unbelievably cheeky solution proposed by my “supporter” Anna Janowska: Simply deposit again and then act successfully, and
so the lost money can easily be recovered.
A great suggestion and a great help – especially when you run out of money!
See for yourself – I can only say: No more Finmax or ATTENTION at FINMAX!
Martin Kortschak
23:23 (vor 1 Minute)
an support; Anna; compliance
So now my next public writing about Finmax – now with all the involved names !
https://55brokers.com/finmax-review/
You can see the words :
Carefull with Finmax – Money stolen – not serious and criminal !
ATTENTION at FINMAX – Avoid Finmax!
My experiences are consistently negative – I won’t mention any names here and I will report on my personal experiences
to inform or warn other customers.
First to Finmax itself: The head office seems to be in London and there are hardly any German-speaking employees. The broker
is registered in Vanuatu and only has Russian regulation.
As with other dubious brokers, everything seems to be going perfectly at first. Only annoying callers push for ever higher stakes
And be careful with multiple simultaneous deals: If a value falls below a certain level and your balance falls below a certain percentage
the trade is automatically terminated. However, this will reduce their credit, and further deals will be concluded in a chain reaction
and suddenly your money is gone in a short time.
You should observe everything daily and be really careful – and that takes more time than you first think.
Payouts should supposedly not always work and take a very long time and also the tempting bonus that you get with corresponding
Deposits gets canceled again.
I was once not given a promised bonus at all and these personal advisors like Anthony Kroiss are replaced again and again
suddenly no longer available. For me, at least 3 such employees suddenly stopped within a few months! And I have
these boars well-financed – but let’s stick to the facts and do not suspect anything dubious.
After several payments to dubious partners in various countries such as Hungary (Renatis Itgroup KFT), Romania (Methodology Information Training SRL) or Lithuania (Know&DevelopLiveSRL), my last payment is by bank transfer
suddenly not arrived and never posted to my account – the money just disappeared! Even the bank Epayblock (Vilnius – Lithuana)do not cooperate.
These partners cannot be reached either by phone or email and Finmax does not want to be to blame and does not provide any information.
Of course, my bank tried everything possible, but a cancellation or recall of the money was refused without good reason!
There is only the way to the lawyer, the police … – I think there are better ways to destroy your money.
Finally, the unbelievably cheeky solution proposed by my “supporter” Anna Janowska: Simply deposit again and then act successfully, and
so the lost money can easily be recovered.
A great suggestion and a great help – especially when you run out of money!
See for yourself – I can only say: No more Finmax or ATTENTION at FINMAX!
Hello i am Nathaniel Holmes i have registered U all semt mexa welcome but now suddenly its a big problem i cant login i wonder why n now it wants to find reasons to fault me Please help me fix it Thank u